National Bank of Egypt approves $91 million Finance for Oil Firm

By Yomna Yasser On Jun 17, 2015

The biggest stated-run bank, National Bank of Egypt has agreed to secure US$91 million finances for one the private sector oil firms, a senior source from the bank revealed.

The source declined to mention any further details about the name of the firm before the bank would sign the final contracts.

NBE is also studying several financing schemes, the source added to Amwal Al Ghad on Wednesday.